by Carrie Haubensak | May 2, 2023 | Accident, Insurance Industry
The market for ancillary health products continues to be robust across a wide range of consumers. According to Telos Actuarial, accident products are currently responsible for nearly $7.7 billion of annual earned premium across both the individual and group markets....
by Carrie Haubensak | May 2, 2023 | Insurance Industry, Medicare Supplement
As reported by CSG Actuarial last month, the 2022 overall Medicare Supplement market loss ratio of 80.4% returned to normal historical levels due to a rebound in utilization of non-Covid medical care the past two years. Within the overall 2022 Medicare Supplement loss...
by Carrie Haubensak | May 2, 2023 | Insurance Industry, news
Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has acquired Consolidated Marketing Group (“CMG”), an independent marketing organization...
by Carrie Haubensak | Apr 28, 2023 | Insurance Industry, Medicare Advantage, Medicare Supplement, news
Humana reported 1st quarter 2023 Medicare Supplement lives of 294,000, down 6.3% from the result at 4th quarter 2022 and a 7.7% decrease compared to 1st quarter 2022. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter...
by Carrie Haubensak | Apr 28, 2023 | Insurance Industry, Medicare Advantage, Medicare Supplement
The Medicare program continues to offer sustainable, long-term growth and opportunities. Over the next ten years it is expected that 40.6 million individuals will turn age 65 and that the Medicare-eligible population will grow from 65.0 million beneficiaries to 78.7...
by Carrie Haubensak | Apr 28, 2023 | Insurance Industry, Medicare Supplement
CSG Actuarial has tracked all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. Here are the average new business Medicare Supplement rate increases by state for 2018 – 2022. State20182019202020212022...
